FinTech Company Investment Opportunity in Bangalore, India
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 160 thousand |
| Run Rate Sales | USD 160 thousand |
| EBITDA Margin | Nil |
| Industries | FinTech |
| Locations | Bangalore |
| Local Time | 8:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- Online Forex platform to buy or sell currencies at a very simplified and hassle free way.
- We have a unique prepaid Forex card which is supported by Mastercard.
- Have served over 30K customers in the past.
- We have 300 agents network across India which we aim to increase to over 3,000 in coming years.
- Revenue model: Front end margin and inter exchange fee.
- In the last year, we have exchanged currencies totalling a value of INR 130 crore.
- Director of the company has 25 years of experience in this sector.
- The company is yet to reach BEP however we are profitable at operational level.
- Focus on Foreign Exchange through both B2C & B2B verticals.
- Have prepaid Forex card supported by Mastercard.
Pan-India network of 7 branches with HO at Bangalore. All offices are on rent.
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
